Common use of Written Award Clause in Contracts

Written Award. Within twenty (20) Business Days following closing of the Arbitration Hearing, as determined by Commercial Arbitration Rule R-35, the Review Board shall determine the prevailing party and award the prevailing party its proposed award or award any remedy or relief that the arbitrator deems just and equitable and within the scope of this Article 7, but in no event may an award of the Review Board (inclusive of all claims and counterclaims) exceed the maximum amount set forth in Section 7.6(a) . If the Review Board consists of three (3) Members, the determination of any two (2) Members shall constitute the Module 1 – Whole Bank w/ Optional Shared Loss Agreements SF-22 High Trust Bank Version 3.1.1 – SINGLE FAMILY SHARED-LOSS AGREEMENT Stockbridge, Georgia April 27, 2011 Table of Contents Review Board’s determination. The Review Board shall present to the Claimant Party and the Respondent Party a written award regarding the dispute. The written award shall contain a brief, informal discussion of the factual and legal basis for the award and need not contain formal findings of facts and law.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Ameris Bancorp)

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Written Award. Within twenty (20) Business Days following closing of the Arbitration Hearing, as determined by Commercial Arbitration Rule R-35, the Review Board shall determine the prevailing party and award the prevailing party its proposed award or award any remedy or relief that the arbitrator deems just and equitable and within the scope of this Article 7, but in no event may an award of the Review Board (inclusive of all claims and counterclaims) exceed the maximum amount set forth in Section 7.6(a) ). If the Review Board consists of three (3) Members, the determination of any two (2) Members shall constitute the Module 1 – Whole Bank w/ Optional Shared Loss Agreements SF-22 High Trust Bank Version 3.1.1 – SINGLE FAMILY SHARED-LOSS AGREEMENT Stockbridge, Georgia April 27, 2011 Table of Contents XX-00 Xxx Xxxxxxx Xxxx Xxxxxxx, Xxxxxxx Review Board’s determination. The Review Board shall present to the Claimant Party and the Respondent Party a written award regarding the dispute. The written award shall contain a brief, informal discussion of the factual and legal basis for the award and need not contain formal findings of facts and law.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Ameris Bancorp)

Written Award. Within twenty (20) Business Days following closing of the Arbitration Hearing, as determined by Commercial Arbitration Rule R-35, the Review Board shall determine the prevailing party and award the prevailing party its proposed award or award any remedy or relief that the arbitrator deems just and equitable and within the scope of this Article 7, but in no event may an award of the Review Board (inclusive of all claims and counterclaims) exceed the maximum amount set forth in Section 7.6(a) ). If the Review Board consists of three (3) Members, the determination of any two (2) Members shall constitute the Module 1 – Whole Bank w/ Optional Shared Loss Agreements SF-22 High Trust XX-00 Xxxxxxx Xxxxxxx Xxxxx Bank Version 3.1.1 3.3.1 – SINGLE FAMILY SHARED-LOSS AGREEMENT StockbridgeBelleview, Georgia April 27Florida December 7, 2011 Table of Contents Review Board’s determination. The Review Board shall present to the Claimant Party and the Respondent Party a written award regarding the dispute. The written award shall contain a brief, informal discussion of the factual and legal basis for the award and need not contain formal findings of facts and law.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (CenterState Banks, Inc.)

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Written Award. Within twenty (20) Business Days following closing of the Arbitration Hearing, as determined by Commercial Arbitration Rule R-35, the Review Board shall determine the prevailing party and award the prevailing party its proposed award or award any remedy or relief that the arbitrator deems just and equitable and within the scope of this Article 7, but in no event may an award of the Review Board (inclusive of all claims and counterclaims) exceed the maximum amount set forth in Section 7.6(a) ). If the Review Board consists of three (3) Members, the determination of any two (2) Members shall constitute the Module 1 – Whole Bank w/ Optional Shared Loss Agreements SF-22 High Trust Bank Version 3.1.1 3.3.1 – SINGLE FAMILY SHARED-LOSS AGREEMENT StockbridgeDecember 7, Georgia April 270000 XX-00 Xxxxxxx Xxxx xx Xxxxxxx Xxxxxxxxx, 2011 Table of Contents XX Review Board’s determination. The Review Board shall present to the Claimant Party and the Respondent Party a written award regarding the dispute. The written award shall contain a brief, informal discussion of the factual and legal basis for the award and need not contain formal findings of facts and law.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Ameris Bancorp)

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